Magnussen and O'Connell Win GT1 Battle in Lime Rock

No. 3 Corvette C6.R Notches Fourth ALMS Victory in 2008

LAKEVILLE, Conn. - Jan Magnussen and Johnny O'Connell didn't give up when they were a lap behind the GT1 leader
in today's American Le Mans Northeast Grand Prix at Lime Rock Park. That perseverance was rewarded when they scored a
come-from-behind victory after a sudden reversal of fortune put their No. 3 Compuware Corvette C6.R in front with 25
minutes remaining in the race. The pair's fourth victory of the season was highlighted by a wheel-to-wheel battle
between O'Connell and Olivier Beretta as they jockeyed for position as the No. 3 emerged from the pits after its final
splash-and-go fuel stop.

O'Connell and Magnussen completed 157 laps on the reconfigured and repaved Lime Rock Park road course, finishing
eighth overall. The No. 4 Compuware Corvette C6.R driven by Beretta and Oliver Gavin finished second with 146 laps
after a gearbox problem sidelined the car with eight minutes remaining. The No. 009 Aston Martin DBR9 of Borcheller and
Ducote was third in the GT1 class, completing 61 laps before retiring after an accident.

"Today's race was a perfect example of why you never give up," said Corvette Racing program manager Doug
Fehan. "Coming off our second and third-place finishes in Le Mans, you might think that this team might be a
little bit down. But take a look at what happened today: Nobody gave up when one of the cars was almost a lap down.
That's what makes Corvette Racing a great team."

Magnussen started in the No. 3 Corvette and Gavin in the No. 4, and they completed their 57-minute stints without a
caution period. The first full-course yellow began at the one-hour mark just after the Corvettes had pitted for fuel,
tires and driver changes. When racing resumed 25 minutes later, the two Corvettes were nose-to-tail with O'Connell in
the No. 3 and Beretta in the No. 4. The complexion of the race changed dramatically when a second safety car period
began at 1:34 into the race. With the leading prototype between the two Corvettes, the No. 4 gained nearly a full lap
on its sister car. Then a third yellow at 2:02 put the two cars back on the same lap.

"It was looking dark for a while, but No. 3 Corvette C6.R was a great race car today," Magnussen said.
"I was unlucky with traffic in my stint, and then just after Johnny got into the car, the race leader was between
the two Corvettes when the yellow flag came out. We lost nearly a full lap on the wave-by. It looked grim, but then we
got back on the lead lap when the other car had to stop. Then they had a small problem and stopped again. We needed
just a few gallons of ethanol to make it to the finish, and Johnny just pipped Olivier coming out of the pit lane. That
was very exciting!"

O'Connell notched his 32nd career ALMS victory today, but it was his first win ever at Lime Rock Park.

"There are so many races we could have won but for bad luck," said O'Connell. "I don't know if we
should have won this one, but I'm going to take it!"

"When I came out of the pits after the last stop, I saw Olivier coming," O'Connell continued. "I held
the inside line, and the only way he was going to take me was on the outside - and that would have been
impossible."

With their victory today, O'Connell and Magnussen now hold a 12-point lead (106-94) over their teammates in the GT1
drivers championship with six races remaining.

"That is racing," said Beretta. "We were fast again like we were in Long Beach and Salt Lake City,
but the luck was not with us. At the end of the day, Corvette Racing finished one and two, and we are still working to
improve for next year."

Gavin agreed: "You wonder when the luck will turn our way," he said. "Olivier drove brilliantly and
the team did a great job. Now we need to get to the bottom of the issue with the gearbox. We're pleased that both cars
have come out of this race unscathed and are ready for next weekend in Mid-Ohio, because this is a very difficult
track."

Corvette Racing’s next event is the Acura Sports Car Challenge at the Mid-Ohio Sports Car Course in Lexington, Ohio,
on Saturday, July 19. NBC will televise the race tape-delayed on Sunday, July 20, at 12 p.m. EDT.